Conventional wisdom suggested that investment flows in where you have abnormal returns that resulted in a high productivity area. However, FDI behaves peculiarly, as most are targeted towards developed countries where excess competition drives down returns and ultimately productivity. On the...

The research is comprised of empirical findings in making a clear perceptive of the sagacity of investors, stock returns, and stock market efficiency behavior in the theoretical frame of behavioral finance pattern. The analyses employed a long extent of Pakistan stock market Returns data from...

Behavioral finance incorporates cognitive psychology into conventional finance, suggesting that people are prone to various heuristic driven biases in the decision-making process. Nevertheless, the literature on behavioral finance and working capital is rather thin, as studies of working capital...

The study is based on empirical syntheses in understanding the sagacity of investors, stock returns, and stock market efficiency behavior in the theoretical frame of behavioral finance patterns. The analyses employed a long extent of Pakistan stock market Returns data from June 1994 to November...

People seem to carry a behavioral bias in investing in the stock market. This is usually depicted in people's investment behavior that coincides with market behavior in different up and down. These can be called psychological barriers' that are certain index levels (usually in multiples of 100)...

To foster firm growth, it is now established that access to finance through well-functioning capital markets is a necessary pre-requisite. Moreover, other factors like formal institutions embedded in the legal environment and framework also condition financial constraints at the macro level....

In the last decade, one of the biggest global issues that have been debated upon is whether increased rates of migration, diversity, and the resulting polarization stemming from these factors have any impact on economic growth and the development of countries. Accordingly, this paper explores...

An important role of Conditional conservatism is to align the timely expense recognition of revenue generated in terms of losses comparative to the profit over negative components of accruals. Accrual anomaly shows asymmetric differential persistence for accruals and cash flows in years of...

The study will examine the value of the firm and aggressive working capital management while considering the mediating effect of a firm's profitability. The study consist of 147 non-financial firms listed on the Pakistan Stock Exchange. The study period consists of years from 2009 to 2014. The...